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Acquisitions

RFR acquires 875 Washington Street

ASB Real Estate is the seller

875 Washington Street (Credit: Thor Equities)

Aby Rosen’s RFR Realty has acquired 875 Washington Street in the Meatpacking District from ASB Real Estate for $129.5 million, according to Crain’s. The office building spans over 52,932 square feet, and features valuable retail space on the ground floor and lower level (19,500 SF).

Dig Deeper: RFR plans to lease the entire office portion of the building to the co-working network Soho Works – a subsidiary of SoHo House – for around $130 per square foot

Flashback: The seller bought out its former partner Thor Equities two years ago in a deal valuing the building at around $130 million.

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